Answer: 37.5(2) + .79(220) + 20 + 74.6 = 343.4
$343.40 is the total cost
Cost per mile = 343.4/220 = $1.56 per mile
Answer:
Annual
Explanation:
The ANNUAL compounding periods will yield the lowest effective annual rate given a stated future value at year 5 and an annual percentage rate of 10 percent
Answer:
c) zero economic profit for firms.
Explanation:
In both cases, while there is room for economic gain, market structures - perfect competition and monopolistic competition - will attract entrants to compete. In the long run, the market goes into balance when economic profit is zero.
Recalling that the concept of economic profit is different from accounting profit.
Answer:
D) Immediate payback
Explanation:
In the question, it says "unless longer payback was agreed upon" which means the answer would have to be opposite... an immediate payback. Hope this helps!
